EJT TECHNIEK: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EJT TECHNIEK
Largest movements
- Receivables within one year +€59,852
up €59,852 (+51.7%), from €115,786 to €175,638
of which Trade receivables: +€56,581
- Stocks and contracts -€23,837
down €23,837 (-9.3%), from €256,579 to €232,742
of which Stocks: -€35,664
- Cash -€18,563
down €18,563 (-25.9%), from €71,635 to €53,072
mainly Receivables within one year (-€59,852) and Net result for the year (-€54,213)
- Trade debts +€64,017
up €64,017 (+200%), from €31,991 to €96,008
- Profit (loss) carried forward -€51,754
down €51,754 (-30.3%), from €170,958 to €119,204
- Tax, wage and social debts +€9,044
up €9,044 (+21.0%), from €43,116 to €52,160
of which Remuneration and social security: +€5,657
- Gross operating margin -€64,090
down €64,090 (-24.6%), from €260,127 to €196,037
- Staff costs +€8,013
up €8,013 (+3.4%), from €233,253 to €241,266
- Taxes -€7,724
down €7,724 (-96.5%), from €8,001 to €277
- Financial charges +€4,770
up €4,770 (+208%), from €2,297 to €7,067
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €448,314 | €466,257 | +€17,943 | +4.0% |
| Fixed assets | 21/28 | €4,313 | €3,327 | -€986 | -22.9% |
| Tangible fixed assets | 22/27 | €4,313 | €3,327 | -€986 | -22.9% |
| Plant, machinery and equipment | 23 | €4,313 | €3,327 | -€986 | -22.9% |
| Current assets | 29/58 | €444,001 | €462,930 | +€18,929 | +4.3% |
| Stocks and contracts in progress | 3 | €256,579 | €232,742 | -€23,837 | -9.3% |
| Stocks | 30/36 | €256,579 | €220,915 | -€35,664 | -13.9% |
| Contracts in progress | 37 | - | €11,827 | +€11,827 | |
| Amounts receivable within one year | 40/41 | €115,786 | €175,638 | +€59,852 | +51.7% |
| Trade receivables | 40 | €110,651 | €167,232 | +€56,581 | +51.1% |
| Other amounts receivable | 41 | €5,135 | €8,406 | +€3,271 | +63.7% |
| Cash at bank and in hand | 54/58 | €71,635 | €53,072 | -€18,563 | -25.9% |
| Deferred charges and accrued income | 490/1 | - | €1,478 | +€1,478 | |
| Total equity and liabilities | 10/49 | €448,314 | €466,257 | +€17,943 | +4.0% |
| Equity | 10/15 | €233,706 | €179,493 | -€54,213 | -23.2% |
| Contributions | 10/11 | €28,733 | €28,733 | -€0 | 0.0% |
| Reserves | 13 | €34,014 | €31,556 | -€2,458 | -7.2% |
| Non-distributable reserves | 130/1 | €717 | €717 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €717 | €717 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €31,726 | €29,267 | -€2,459 | -7.7% |
| Distributable reserves | 133 | €1,572 | €1,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | €170,958 | €119,204 | -€51,754 | -30.3% |
| Provisions and deferred taxes | 16 | €14,179 | €13,360 | -€819 | -5.8% |
| Deferred taxes | 168 | €14,179 | €13,360 | -€819 | -5.8% |
| Amounts payable | 17/49 | €200,428 | €273,404 | +€72,976 | +36.4% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €75,428 | €148,404 | +€72,976 | +96.7% |
| Trade debts | 44 | €31,991 | €96,008 | +€64,017 | +200% |
| Suppliers | 440/4 | €31,991 | €96,008 | +€64,017 | +200% |
| Taxes, remuneration and social security | 45 | €43,116 | €52,160 | +€9,044 | +21.0% |
| Taxes | 450/3 | €13,367 | €16,754 | +€3,387 | +25.3% |
| Remuneration and social security | 454/9 | €29,749 | €35,406 | +€5,657 | +19.0% |
| Other amounts payable | 47/48 | €321 | €236 | -€85 | -26.6% |
| Remuneration, social security and pensions | 62 | €233,253 | €241,266 | +€8,013 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €614 | €985 | +€371 | +60.5% |
| Other operating charges | 640/8 | €1,080 | €1,524 | +€444 | +41.1% |
| Gross operating margin | 9900 | €260,127 | €196,037 | -€64,090 | -24.6% |
| Operating profit (loss) | 9901 | €25,180 | -€47,738 | -€72,918 | |
| Financial income | 75/76B | €17 | €49 | +€32 | +183% |
| Recurring financial income | 75 | €17 | €49 | +€32 | +183% |
| Financial charges | 65/66B | €2,297 | €7,067 | +€4,770 | +208% |
| Recurring financial charges | 65 | €2,297 | €7,067 | +€4,770 | +208% |
| Profit (loss) for the period before taxes | 9903 | €22,900 | -€54,756 | -€77,656 | |
| Transfer from deferred taxes | 780 | €820 | €820 | +€0 | 0.0% |
| Income taxes | 67/77 | €8,001 | €277 | -€7,724 | -96.5% |
| Profit (loss) for the period | 9904 | €15,719 | -€54,213 | -€69,932 | |
| Transfer from tax-exempt reserves | 789 | €2,459 | €2,459 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,178 | -€51,754 | -€69,932 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.